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AI bumps power cost 60% as mega US grid fails to hit supply goal
PJM Interconnection LLC, the largest US electric grid, has failed third straight time to secure enough future supply commitments, highlighting the scale of the challenge posed by the AI boom.
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fortune.com
Data centers have already hiked electricity prices on the public by $23 billion. Good luck clawing that back | Fortune
A PJM market watchdog calls the shift a "massive wealth transfer" to tech companies, but there's a peak-demand loophole.
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cryptobriefing.com
PJM misses power supply target, short seven nuclear reactors worth of capacity
PJM's capacity auction for 2027/2028 fell 6,517 MW short, hitting the $333.44/MW-day price cap as AI data center demand outpaces grid supply additions.
